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Lockheed Martin awarded $4.76B Army contract

Lockheed Martin (LMT) was awarded a $4.76B firm-fixed-price contract for the production of PAC-3 Missile Segment Enhancement missiles, including all incidental services, hardware, equipment, technical planning, management, and manufacturing efforts. Work has an estimated completion date of June 30, 2030. The contracting activity is Army Contracting Command.

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